XRP price prediction is heating up as top investors speculate the token could see unprecedented growth in the coming months. Paul Barron, a widely followed crypto analyst, recently shared compelling insights on XRP’s potential to reach double-digit values.

Market Sentiment and ETF Influence

In a recent podcast discussion with Rupert from Allin Crypto, Barron explored the forces shaping crypto markets right now. Rupert highlighted how much of crypto’s volatility is emotionally driven and how the space could soon enter a key transitional phase. With the potential approval of spot ETFs on the horizon, the dynamics could shift substantially this September.

Historically, news surrounding ETF approvals has sparked major rallies in crypto markets. Rupert noted that Bitcoin often leads these surges, but a decrease in Bitcoin’s market dominance is allowing altcoins—like Ethereum and XRP—to gain traction. This could be the beginning of an extended altcoin rally, triggered by broader institutional adoption.

XRP’s Unique Position in a Shifting Market

Rupert believes XRP is underestimated in its current state. Despite muted enthusiasm from the broader market, he emphasized XRP’s strong fundamentals and distinctive position among digital assets.

“XRP has a kind of unique positioning with regard to its own specific news. I don’t think people are bullish enough. In fact, I think you’re going to see insane things,” Rupert declared.

He projected that XRP could surge to $19.27 in the near future. With XRP presently trading around $2.95, this would represent a stunning 553% increase and push its valuation to a new all-time high of $1.14 trillion. However, Rupert asserted that there’s room for even more growth and questioned how one might properly value XRP in such a scenario.

What Would Drive XRP to $60?

Paul Barron took the forecast a step further. He posited that XRP could climb as high as $60 if transformative developments occur. Among these catalysts, he mentioned two critical possibilities: allowing crypto assets like XRP as part of 401(k) retirement portfolios and XRP replacing the SWIFT system for cross-border payments.

While Barron doesn’t believe hyper-aggressive targets like $1,000 are realistic any time soon, he believes $60 is achievable within the next 12 months—if these macro catalysts do materialize.

To put that in context, XRP would need to rally by approximately 1,933% from its current value to reach $60. Even a $20 price target would require a 578% increase. A token price of $60 would push XRP’s market cap to a jaw-dropping $3.56 trillion—far surpassing even Bitcoin’s current valuation.

His outlook aligns with other bullish estimates, including from analyst Dustin Layton, who suggested XRP could hit $50 by year-end, offering significant returns for early holders.

Community Sentiment as a Driving Force

Beyond institutional factors, Barron pointed to data from his proprietary Market Sentiment Index (MSI). This tool analyzes social media activity to assess investor mood and momentum. According to his findings, XRP achieved its all-time high MSI score in mid-July, which correlated strongly with a sharp price increase. A second spike in sentiment on August 3 also corresponded with further price movement.

These patterns underscore how critical community sentiment is in driving asset performance. Barron believes that XRP benefits from one of the strongest and most vocal communities in the crypto ecosystem, which may serve as a catalyst for future rallies.

Chart analysis of blockchain assets like XRP is fueling speculative forecasts about explosive growth.

Related: XRP Price: $12M Max Pain for Bears

In conclusion, the pathway to $60 for XRP is ambitious but not implausible according to influential voices like Paul Barron and Rupert. Whether through institutional adoption, transformative financial infrastructure changes, or surging community support, XRP may be poised for a breakout moment in the year ahead.